Real Estate Information

Summer is here and it's time to look forward to some fun events coming up in Albuquerque this July. Here's what we have to look forward to.

14th Annual Pork & Brew BBQ State Championship

July 1-3, 2017 | Saturday-Sunday 11am-7pm | Monday 11am-5pm

New Mexico's original food festival returns to the Santa Ana Star Center with a wide variety of BBQ delights.

Freedom 4th

July 4, 2017 | 3-10pm

Come celebrate Independence Day at Balloon Fiesta Park where there will be free face painting, inflatables, and more fun for the kids. Also enjoy the Microbrew Garden, with local beer, wine and spirits, along with a massive food court of more than 30 food vendors.

Route 66 Summerfest

July 22, 2017 | 3-10pm

Come to historic Nob Hill on Saturday, July 22 from 3-10 p.m. for the biggest Summerfest of the year.

Have a fun and fantastic July in Albuquerque!

HOT HOME LISTING OF THE WEEK!

8100 Via Alegre NE, Albuquerque   $675,000

4 Bedrooms/ 3.5 Bathrooms/ 3330 Square Feet

One of a kind custom Mediterranean/Tuscan home with tons of features and amazing oversized garage for all of your cars & toys+workshop area!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Bernalillo may be a smaller town, but it definitely has some great options when it comes to eating out.  People from all over come to Bernalillo for the great dining options. 

Freight House offers a modern industrial atmosphere where you’ll enjoy amazing BBQ, burgers, and 24 beers and cider on tap. They also feature a community bar table and large outdoor patio with game tables, along with daily specials like Taco Tuesdays.

Kaktus Brewing Company is another unique dining and brew experience.  They are a nano-brewery, which is a 2 barrel brewing system which allows them to focus on the high quality of every beer that they brew. They feature a great selection fresh, organic, natural and local foods from New Mexico and pizza. There are even belly dancers on Sunday evenings and wild game sausage to make the experience more unique.

If you want to cool down with some delicious frozen yogurt, then you need to go to the Chill Zone, a locally owned and operated self-serve frozen yogurt shop, where you’ll find all sorts of frozen yogurt delights. The flavor selection is a constant surprise and the self-serve area immaculately maintained.

If you want to find more great places to eat, visit TripAdvisor.com for the best places to eat in Bernalillo. You can also learn more about this great community and search homes for sale in our Bernalillo Community page.

HOT HOME LISTING OF THE WEEK!

4712 Cayetana Place NW, Albuquerque   $342,000

3 Bedrooms/ 2 Bathrooms / 2105 Square Feet

Custom built Tiara home in the exclusive Andalucia subdivision sits on a large corner lot w/stunning views of the Bosque, Sandias & city lights!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

According to the latest US Census Bureau report, it turns out that for the first time since 2006, more people chose to purchase a home over renting in the first quarter of this year.  There were 1.22 million new households formed in the first quarter, and of those, 854,000 were first-time buyers.  That makes the home ownership rate among new households a whopping 70%!

This is great news as the rate of homeownership nationwide is currently 63.6%.  The last time the rate came close to this figure was in the 2^nd quarter of 2004, when it was at the all-time high of 69.2%.

Recently, a Wall Street Journal article had this to say about the reason for the jump in first-time buyers:

“The return of first-time buyers is accelerating. In all, they have accounted for 42% of buyers this year, up from 38% in 2015 and 31% at the lowest point during the recent housing cycle in 2011, according to Fannie Mae, which defines first-time buyers as anyone who hasn’t owned a home in the past three years.”

According to Trulia’s Chief Economist, Ralph McLaughlin:

“Strong renter household formation is one of the reasons why the homeownership rate has continued to drop since the onset of the housing crisis, so any sign this trend is reversing is something to take note of. We look forward to future releases of these data to determine whether this is a statistical blip or a trend.”

What does this all mean? Basically, this indicates that as more people who can buy for the first time realize their ability to buy a home without renting first, then the overall economy will benefit.

HOT HOME LISTING OF THE WEEK!

4401 Pershing Avenue SE, Albuquerque   $499,000

3 Bedrooms/ 1 Bathrooms / 3 Partial Baths / 4100 Square Feet

INCREDIBLE Custom single story Home-In the heart of ABQ. 2CAR garage, open floorplan showcases 3 exceptional LG living areas, all in whopping 4100 sq ft!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Every year, US News & World Report comes out with their list of 100 Best Places to Live in America, and Albuquerque made the cut at #74! They base their ranking on quality of life, job market, and people's desire to live here. So it's really no surprise Albuquerque made the list, considering all that this great city has to offer. It's an area rich in culture and natural beauty. Albuquerque's economy and artistic community attracts new residents from all over.

There's so much to do in Albuquerque - art galleries, historic sites, the Albuquerque BioPark's zoo, museums. And don't forget the food! There is an enormous array of food to suit any taste. The wineries and breweries of Albuquerque are also known around the country.

And if you want to enjoy the great outdoors, no problem! Albuquerque Parks & Recreation has a whole host of great parks to keep you busy. There's a neverending list of things to do, such as golfing, swimming, walk through stunning open spaces, playing with your kids in the playground, ride a hot air balloon, shoot some targets, kayaking on the Rio Grande, you name it!

Learn more about what makes Albuquerque one of the best cities in America to live on our Albuquerque New Mexico Real Estate & Information page, as well as search for your dream home.

HOT HOME LISTING OF THE WEEK!

12105 Pocono Road SE, Albuquerque   $239,000

3 Bedrooms/ 2 Bathrooms/ 1790 Square Feet

Exceptional single story home built in 2013!  Light, bright & open great room w/fireplace, beautiful tile flooring thru out.  Spaciously designed kitchen complete w/stunning countertops/backsplash.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

If you’re looking to buy a home in a community that combines recreation and being conveniently located near a large metro area, then Four Hills Village is just the place.  Just north of Kirtland Air Force Base at the base of the Sandia Mountains, this quiet community of 2500 has everything you need to make it a home.

There’s a number of great places to shop and eat right here in Four Hills Village.  There’s specialty stores such as The Quilt Works, Bert and Jess Clothiers, and Gamers Anonymous. Or you can find a variety of stores all in one place at Four Hills Shopping Center.

Ready to eat? Local favorites like Basil Leaf Vietnamese Restaurant, El Pollo Real Colombiano, and Pizza Castle will keep your tastebuds satisfied.

But really it’s the recreation that attracts people to this community. Looking for a scenic drive? The Sandia Crest Scenic Highway, a 14-mile road weaves up to Sandia Crest from Cedar Crest, ends up right in the heart of Sandia Park.

You can find out more about the great community as well as search for the perfect home for sale on our Four Hills Village, New Mexico Real Estate page.

HOT HOME LISTING OF THE WEEK!

8100 Via Alegre NE, Albuquerque   $675,000

4 Bedrooms/ 3.5 Bathrooms/ 3330 Square Feet

One of a kind custom Mediterranean/Tuscan home with tons of features and amazing oversized garage for all of your cars & toys+workshop area!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Mother's day is coming up this Sunday. Have you planned a special day for that special mom?  There's plenty of great ideas for spending a great day with your mom and showing your thanks.  Here's a few ideas to get you started.

Brunch

Sunday brunch with mom is the perfect gift.  A number of restaurants in Albuquerque are hosting Mother's Day brunches.  Here's a list of restaurants in and around Albuquerque that are featuring Sunday brunch.

Spa Day

What self-respecting mother doesn't want to be pampered? Take her out for a spa day. And of course Albuquerque has some of the best spas anywhere.  Check out this list of top 10 spas in Albuquerque.

A Home Cooked Meal

It's your turn to cook for mom.  Here are some recipes for delicious dishes she's sure to enjoy.

Jewelry

Most moms love jewelry.  Why not have a custom piece of jewelry made just for her? Here's a list of custom jewelers in Albuquerque?

Have fun with mom and have a happy Mother's Day!

HOT HOME LISTING OF THE WEEK!

5909 Gorrion Street NW, Albuquerque   $199,000

4 Bedrooms/ 1 Bathrooms/ 1935 Square Feet

Back on the market! This open concept floorplan includes tasteful updates. Plenty of space with 2 living areas and 4 beds spread over 1935 sq ft!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

According to a report recently released by Down Payment Resource, 65% of first-time homebuyers bought their homes with a down payment of 6% or less in January. This trend continued through all buyers who had a mortgage, as 62% made a down payment of less than 20%.

What does this all mean? An article by DS News points to the new wave of millennial homebuyers:

“It seems that the long-awaited influx of millennial home buyers is beginning. Ellie Mae reported that mortgages to millennial borrowers for new home purchases continued their ascent in January, accounting for 84 percent of closed loans.”

For millennials who purchased homes in January, FHA loans remained popular, making up 35% of all loans closed. Ellie Mae’s Executive Vice President of Corporate Strategy Joe Tyrrell gave some insight into why:

“It is not surprising to see Millennial borrowers leverage FHA loans because they typically offer lower down payments and lower average FICO score requirements than conventional loans. Across the board, we're continuing to see strong interest in homeownership from this younger generation.”

If you’re a millennial who’s wondering if you should buy a home this year, please feel free to contact us.  We can help you understand your options and get you on the path to preapproval.

HOT HOME LISTING OF THE WEEK!

5909 Gorrion Street NW, Albuquerque   $199,000

4 Bedrooms/ 1 Bathrooms/ 1935 Square Feet

Back on the market! This open concept floorplan includes tasteful updates. Plenty of space with 2 living areas and 4 beds spread over 1935 sq ft!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Get ready to have fun and celebrate different cultures.  These upcoming events in Albuquerque promise to be entertaining for the whole family.  And maybe you’ll learn something at the same time. Here’s what’s coming up in the next few weeks.

Gathering of Nations Native American Powwow
April 27 - 29

Come experience the largest pow wow in North America! More than 3000 participants will be singing and dancing in competition.  Experience Native American culture through native food and music, and of course, shopping. It’s the ultimate event bringing Native American people together, as well as for others to learn about their amazing culture.

Albuquerque Renaissance Faire
April 29

Calling all lords and ladies of Albuquerque! The time has come for all sorts of Renaissance revelry.  Indulge in the era with live battles, village shopping, food, music, arts, and demonstrations, and of course the Tilted Tankard Tavern.  Fun for the whole family and children under 3 are free!

See what other fun events are coming up in the next few months.

HOT HOME LISTING OF THE WEEK!

10 Caminito Trail, Placitas   $395,000

3 Bedrooms/ 2 Bathrooms/ 2580 Square Feet

This amazing culdesac property features unobstructed views of the mountains and open floorplans with stunning raised ceilings.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Are planning on buying a home in Rio Rancho soon?  If you are, then the good news for you is that there are plenty of great restaurants to enjoy.  Whatever your taste, you’re sure to find that perfect spot to go to when you want to satisfy your appetite.  Here’s a few restaurants in Rio Rancho you might want to check out soon.

Joe's Pasta House

Awarded “Best of the City” by Albuquerque the Magazine and receiver of TripAdvisor’s Award of Excellence since 2013, this is the definitive Italian eating experience in Rio Rancho. Their outstanding food and equally excellent service will keep you coming back for more.

Turtle Mountain Brewing CO

For amazing pizza and calzones cooked in their wood-fired oven, along with handcrafted ales and lagers from the on-site brew house, Turtle Mountain Brewing won’t disappoint. This is certainly the best pizza in Rio Rancho.

Weck's

Breakfast is the most important meal of the day, and Weck’s makes it irresistible. They serve lunch items as well, but it’s the breakfast delights that will keep you there. They serve all the favorites you expect from a great breakfast diner.

HOT HOME LISTING OF THE WEEK!

116 Los Miradores Drive NE, Rio Rancho   $399,000

6 Bedrooms/ 4.5 Bathrooms/ 4270 Square Feet

Pristine and popular Pulte floorplan features an oversized great room with a gas fireplace, gourmet kitchen, and backyard with amazing views!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

When you sell your house, you obviously want the best price for your home with minimal hassles, and of course, actually getting your home sold. To do this, you should realize how important it is to use a real estate professional.

People are relying more and more on technology.  This has dramatically changed how people buy a home and their behavior during the buying process.  According to NAR, the percentage of people who use the internet to search for a home was 94% in 2016!

At the same time though, they brought out that 96% of home buyers who did use the internet also used a real estate professional to buy their home. On 2% bought homes directly from the seller, also known as  “For Sale by Owner” or FSBO.

Buyers tend to search for a home online first, but then use an agent during the buying process.  All this information on the internet now available has led people to work with agents who can help them connect the dots.  The amount of people using agents to buy a home has increased steadily since 2001.

So if you plan on selling your home in Albuquerque, then you need an agent who can help you connect the dots as well. The Sandi Pressley Team has the experience to help you bring the process together so that you can make the most money from your home and make the process go as smoothly as possible.

HOT HOME LISTING OF THE WEEK!

652 Gene Avenue NW, Albuquerque   $249,000

3 Bedrooms/ 1 Bathrooms/ 1780 Square Feet

Plenty of character and North Valley charm in this 3 bed 2 bath home with tons of space and large living areas.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team